How often do geologists bring a helicopter to land these days? How much time do most professional geologists spend in the field? Probably by far not as much as John…
More than 1.2 billion barrels of reserves, low operating costs of around 3 $/boe, electrification of almost all operations and a breakeven cost of approximately 10 $/boe: Lundin Energy is…
Will the oldest Geological Society in the world continue its mission and if so, where will its home be? The Geological Society was inaugurated in 1807 at a dinner at…
As this website joked this morning; British Gas owner Centrica should have enough money in the bank to cover the cost of a good Christmas party. The 69% shareholder of…
“The economic case for investment is not strong enough at this time, as well as having the potential for delays,” a Shell spokesperson said in this BBC article published yesterday…
Svalbard is a geological outlier in Norway, as it is a place dominated by sedimentary strata rather than igneous and metamorphic rocks as is the case for the Norwegian mainland.…
In a press release issued yesterday, Equinor announced the sale of its 36.5% non-operated stake in the only producing gas field in Ireland – Corrib – to operator Vermillion. After…
“How is your hobby, Phil?” That’s what Phil Kirk heard from his colleagues a few years ago when CO2 storage projects were being discussed. A quick rewind to the present…
“To date, there has been very little innovation in how the oil industry treats gas and lithological data captured from wells being drilled. Typically, the data end up in a…
With a technical programme packed with high-quality talks, an exhibition space for industry operators and service companies and a whole range of fringe events, this three-day event organised by the…
Neptune Energy today announced that it has signed Sale and Purchase agreements with OKEA ASA and M Vest Energy AS whereby Neptune will divest its non-operated working interests in three…
According to information we received from people with knowledge on the matter, the Hungary-headquartered company has given up on the Norwegian North Sea and intends to sell their assets. An…